Chicago suburbs  ·  2020–2024 Census data

Round Lake Beach Property Tax
Rate & Typical Bill

Homeowners in Round Lake Beach, Lake County, pay about 2.72% of their home's value in property tax each year. The median bill is $5,765.

Round Lake Beach, IL

Effective rate
2.72%
Median tax bill
$5,765
Median home value
$199,200
Owner-occupied homes
6,769
Rank in Lake County (1 = highest)
10 of 47

Lake County average: 2.26%

Estimated Yearly Tax by Home Value

At Round Lake Beach's typical rate of 2.72%. Exemptions lower the real bill.

Home valueProperty tax (estimate)
$250,000$6,810
$350,000$9,534
$450,000$12,258
$600,000$16,344
$800,000$21,792

Can You Deduct It?

A family with a $199,200 home in Round Lake Beach pays about $5,426 in property tax. With $120,000 of income they also pay about $5,940 in Illinois income tax, so their SALT deduction is $11,366 — under the $40,400 cap. That alone does not beat the $32,200 standard deduction for married couples; mortgage interest and charity decide the rest.

Run your own numbers

Compare Nearby Towns

TownCountyRateMedian bill
Round Lake HeightsLake1.10%$5,364
Venetian VillageLake2.71%$5,987
Long LakeLake1.52%$4,802
HainesvilleLake2.96%$6,558
Round LakeLake3.00%$7,860
Lake VillaLake2.71%$10,000+

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates. Unofficial estimate, not a tax bill. Updated 2026-10-08.

Property Tax FAQ

What is the property tax rate in Round Lake Beach, IL?

Homeowners in Round Lake Beach pay a typical effective property tax rate of 2.72% of home value per year. The median annual bill is $5,765 and the median home value is $199,200 (U.S. Census ACS 2020–2024).

How much is property tax on a $400,000 home in Round Lake Beach?

About $10,896 per year at Round Lake Beach's typical rate of 2.72%. The homeowner exemption and other exemptions lower the actual bill.

Is property tax in Round Lake Beach higher than the Lake County average?

Round Lake Beach's typical rate of 2.72% is higher than the Lake County average of 2.26%.

Can I deduct property taxes paid in Round Lake Beach on my 2026 federal return?

Yes, if you itemize. For 2026, property tax plus Illinois income tax count toward the SALT deduction, capped at $40,400 ($20,200 if married filing separately) and reduced above $505,000 of income. Itemizing helps only if your total deductions beat the standard deduction: $32,200 married filing jointly, $16,100 single, $24,150 head of household.

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